News Briefing – 25/02/2025

World Economics: The International Monetary Fund (IMF) has issued a warning that increased global protectionism and tariff hikes will threaten world economic growth, highlighting that if tariffs hit a ‘sizeable swath’ of world trade by mid-2025, it would wipe 0.8% from economic output in 2025 and 1.3% in 2026. IMF’s top economist Pierre-Olivier Gourinchas has argued that increased tariffs are ‘harming basically everyone…including the US.’ … Continue reading News Briefing – 25/02/2025